The Malaysian ringgit is topping the gains’ list among Asian currencies, followed by the Singaporean dollar, thanks to the government stimulus and interest rate cuts.
Ringgit Rises to New Monthly High
March 27th, 2009 at 9:38
Malaysian Ringgit
The Malaysian ringgit reached its monthly high today on the traders’ speculations that the demand for the emerging markets’ assets will increase as the recession eases.
Malaysian Ringgit Falls with Emerging Markets
November 21st, 2008 at 10:31
Malaysian Ringgit
The Malaysian ringgit declined slightly today and also posted its third weekly drop against the dollar this week as the emerging stock markets and currencies lived through one of the worst week with the oil, commodities and exports prices falling on the global recession outlook.
Malaysian Ringgit at 21-Month Low
October 16th, 2008 at 9:36
Malaysian Ringgit
The Malaysian ringgit declined to the lowest level in more than 21 months today as the concerns about the global economy growth rose and the stock markets tumbled world-wide.
Malaysian Ringgit Opens Lower for 6th Day
September 30th, 2008 at 10:08
Malaysian Ringgit
The Malaysian ringgit like the other emerging Asian currencies continued to fall today as the U. S. Congress failed to pass the $700 rescue plan for the financial institutions and the global volatility rose on the deeper crisis expectations.
Asian Currencies Fell on High Oil Costs
May 17th, 2008 at 11:03
Malaysian Ringgit , Indian Rupee, Singapore Dollar
The Asian currencies fell this week as the oil prices surged and the rising inflation concerns forced foreign investors to cut the inflow of liquidity into this region.